PROCEDURE FOR EXTENDING THE DURATION OF AN INVESTMENT PROJECT FOR PROJECTS THAT HAS BEEN ISSUED WITH THE INVESTMENT REGISTRATION CERTIFICATE AND NOT SUBJECT TO APPROVAL FOR ITS INVESTMENT GUIDELINES
In the context of an increasingly competitive investment environment, the continuous and stable operation of projects in compliance with legal regulations is a key factor for investors. When the duration of a project is about to expire, the extension procedure becomes an indispensable step to ensure the investor’s rights and...
Continue ReadingDecree 20/2026/ND-CP: Latest Tax Incentives & Infrastructure Support for Startups
To create a sustainable innovation ecosystem, reducing the financial burden in the early stages is a vital factor for Startups and Small and Medium-sized Enterprises (SMEs). Fully recognizing this, the Government has enacted Decree No. 20/2026/ND-CP with a comprehensive incentive package and specific implementation guidelines. Beyond merely exempting or reducing...
Continue ReadingImpact of Decree 246/2025/ND-CP on Foreign-Invested Enterprises (FIEs) in Vietnam
Foreign investment activities in Vietnam are governed by the Law on Investment 2020 and the Law on Enterprises 2020, both of which came into effect on January 1, 2021. The Law on Investment 2020 regulates all business investment activities within the territory of Vietnam, clearly defining the rights and obligations...
Continue ReadingVisa, Temporary and Permanent Residence Incentives for Foreigners at the International Financial Centre (Updated 2026)
To realize the ambition of turning Ho Chi Minh City and Da Nang into leading financial destinations in the region, the policy of attracting "eagles" and global talent plays a key role. Removing barriers to immigration procedures, the International Financial Centre (IFC) applies a special mechanism for visa and residence...
Continue ReadingPROCEDURES FOR THE ISSUANCE OF A LICENSE TO ESTABLISH A REPRESENTATIVE OFFICE OF A FOREIGN TRADER IN VIETNAM
As Vietnam increasingly becomes an attractive destination for international investors, the demand for establishing representative offices of foreign traders continues to rise. However, behind a legally operating representative office lies a stringent legal procedure, which can sometimes cause confusion for foreign businesses that are unfamiliar with the regulations. Understanding the...
Continue ReadingDecree 20/2026/ND-CP: Latest Tax Incentives & Infrastructure Support for Startups
To create a sustainable innovation ecosystem, reducing the financial burden in the early stages is vital for Startups and Small and Medium-sized Enterprises (SMEs). Recognizing this, the Government has issued Decree No. 20/2026/ND-CP, introducing a comprehensive incentive package with specific implementation guidelines. Beyond Corporate Income Tax (CIT) and Personal Income...
Continue ReadingRegulations on Work Permits at the International Financial Centre (Updated 2026)
One of the key factors to create the success of the International Financial Centre (IFC) in Ho Chi Minh City and Da Nang is the high-quality global human resource. To realize this goal, administrative barriers in recruiting foreign employees have been strongly removed through specific mechanisms unprecedented before. Based on...
Continue ReadingPrivate Placement Conditions for Startups at Vietnam IFC (2026)
In the development journey of an Innovative Startup Enterprise (Startup), capital mobilization through Private Placement of shares is a strategic step to access large financial resources from professional investors. Unlike crowdfunding which targets the public, private placement at the International Financial Centre (IFC) targets strategic partners and financial institutions with...
Continue ReadingADMINISTRATIVE SANCTIONS FOR CONSTRUCTION ACTIVITIES IN VIETNAM WITHOUT A CONSTRUCTION PERMIT
According to the provisions of the current Vietnamese construction law, any construction work that is subject to a construction permit but is carried out without being granted such a permit constitutes a violation of the law. Clause 1, Article 89 of the Law on Construction 2014 (as amended and supplemented...
Continue ReadingPROCEDURES FOR APPLYING FOR A CONSTRUCTION OPERATION PERMIT FOR FOREIGN CONTRACTORS
According to the current construction laws of Vietnam, foreign contractors participating in investment and construction projects in Vietnam are required to obtain a Construction Operation Permit. The Law on Construction 2014 (as amended in 2020) and its guiding regulations clearly stipulate that foreign contractors may only carry out construction activities...
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